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Archive
- 8/28/2026 -
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Euro Currency Trust (FXE) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Euro Currency Trust (FXE). During the week, the FXE gave back -0.82 points, or -0.76%, and closed at 106.98 on Friday, August 28, 2026. It was the worst weekly loss since June 18, 2026. Weekly volume was -65% below average.
 Long-term trend: [See FXE long-term trend chart]
A long-term uptrend had started on January 13, 2025 at 94.08 and reached 111.54 on January 27, 2026. FXE gained -17.46 points, or -18.56%, in 54 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (117.45) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
 Medium-term trend: [See FXE medium-term trend chart]
A medium-term downtrend had started on January 27, 2026 at 111.54 and reached 104.60 on June 24, 2026. FXE lost 6.94 points, or 6.22%, in 21 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (104.09) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See FXE weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since August 14, 2026. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
 Short-term trend: [See FXE short-term trend chart]
A short-term uptrend had started on June 24, 2026 at 104.60 and reached 107.90 on August 20, 2026. FXE gained -3.30 points, or -3.15%, in 57 days. The price is now at the 27.88% retracement level.
Daily Technical Indicators: [See FXE daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The daily MACD line is above its signal line since July 2, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
The price is close to the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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